Looking Beyond Mixed Signals, US Labor Market Remains Strong
The latest US jobs report presented conflicting signals on a heretofore robust labor market: hiring that exceeded expectations
2023-06-03 00:55
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
Oil Advances as Market Eyes Weekend OPEC+ Meeting in Vienna
Oil climbed on Friday alongside risk assets, with attention focusing on this weekend’s OPEC+ meeting in Vienna. OPEC
2023-06-02 23:18
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:52
China Mulls New Property-Market Support Package to Boost Economy
China is working on a new basket of measures to support the property market after existing policies failed
2023-06-02 17:21
Global Food Costs at 2-Year Low But Grocery Bills Stay High
Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation
2023-06-02 17:18
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:57
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, according to
2023-06-02 16:51
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.6 billion rally in K-pop stocks looks set to power on, as a growing global fan base
2023-06-02 15:54
UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:45
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 14:16
This Week in China: Biggest Reopening Fans Are Now Underweight
No valuation case seems compelling enough to keep global investors from giving up on Chinese assets. The evidence
2023-06-02 12:58